Biden gonna tax us to death

#26
#26
utvolpj said:
This is what happens when you fail to ever address spending. It's like the govt going to get a second job to pay the bills
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They've actually done that second job thing and screwed it up, too. Our military has been pimped out to what seems like almost every country in the world, but we take a loss every time.
 
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#27
#27
VolStrom said:
Since 80% of stock trades are high speed computer trades that should work out well. The democrats are so intelligent.
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But just think how fast they'll rack up income from the high speed trades.
 
#29
#29
McDad said:
Corp tax increased to 28 or 35%
Carbon tax on fuel but not defined.
Cap gains tax to 40%... lol to everyone who voted for him and wants to cash out stocks, IRAs, or real estate...or inherent assets subject to cap gains.
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Biden said nobody making under $400K will pay more, and people over $400K will pay an insignificant amount. I'll guarantee people under $400K will be paying a decent portion of the corporate, fuel, and other taxes.
 
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#30
#30
AM64 said:
Biden said nobody making under $400K will pay more, and people over $400K will pay an insignificant amount. I'll guarantee people under $400K will be paying a decent portion of the corporate, fuel, and other taxes.
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If it passes, the only one that'll hit me is carbon tax.
I'll expense everything to zero in my little corporation and if I sell real estate, I'll only do a 1031 exchange.
 
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#31
#31
Rasputin_Vol said:
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Sign me up!
 
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#32
#32
AM64 said:
Biden said nobody making under $400K will pay more, and people over $400K will pay an insignificant amount. I'll guarantee people under $400K will be paying a decent portion of the corporate, fuel, and other taxes.
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Wait till that debt interest climbs...gov aint gonna starve for monies. All for the good of the collective mantra
 
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#33
#33
AM64 said:
Biden said nobody making under $400K will pay more, and people over $400K will pay an insignificant amount. I'll guarantee people under $400K will be paying a decent portion of the corporate, fuel, and other taxes.
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No way, prices won't go up to cover a shortage of fuel or an increase in the cost of corporations taxes, Joe promised.
 
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#46
#46
McDad said:
If it passes, the only one that'll hit me is carbon tax.
I'll expense everything to zero in my little corporation and if I sell real estate, I'll only do a 1031 exchange.
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Corps are going to cover the tax increase and fuel costs in product prices - there's no escape.

You doing OK tonight? Our weather report showed things are supposed to be worse over your way.
 
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#48
#48
Orangeburst said:
Wanna bet SS goes up to 70+ years in a few....
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I keep telling myself I should postpone taking SS until I'm 70, mainly cause it will cost the .gov more in the long run since my wife will get more per month and will outlive me by at least 20 years. But it may turn out to be the carrot at the end of the stick, and me the donkey in the harness.
 
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#49
#49
AM64 said:
Corps are going to cover the tax increase and fuel costs in product prices - there's no escape.

You doing OK tonight? Our weather report showed things are supposed to be worse over your way.
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We are so far. Thanks for checking on us.
School let out early expecting some bad stuff. Only a little rain. It's pushing south and east of us so far but just barely.
 
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#50
#50
RavinDave said:
I thought about that today when giving one of my long-term customers their annual pricing update...

Those year-to-year increases ain't gonna stay under 2% much longer.
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2% is rather modest..Corprate vendors typically go up at least 3-5% no matter. I was selling Euro product about 15 years ago when the Euro was killing the dollar and price increases every few months. Exchange rates for these corps...sigh
 
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